Construction businesses for sale in Weston-super-Mare

View the "TRADING STANDARDS APPROVED HIGH QUALITY FLAT ROOFING BUSINESS - Somerset" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Leasehold Price: £99,950 Annual Turnover: £383,000 Annual Gross Profit: £80,000
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Business Description
• SUCCESSFUL FAMILY BUSINESS ESTABLISHED IN 2010
• FLAT ROOF INSTALLATIONS AND REPAIRS
• USING TOP QUALITY, INSULATED, LONG LIFE MATERIALS
• TRADING STANDARDS APPROVED+WHICH TRUSTED TRADER
• FULLY TRAINED AND EXPERIENCED FITTING TEAMS
• REGIONAL COVERAGE WITH REGULAR CLIENT REFERRALS

LOCATION:
The business currently operates from premises forming part of a small, rural business centre located within easy reach of the M5 motorway.

BUSINESS:
This successful and significantly profitable family run enterprise was originally established in 2010, the founder having worked as a salesman in the industry for an extended period before choosing to work independently.

Undertaking flat roof installations and repairs across a wide area encompassing the South West, Midlands, South Wales and Berkshire, the business is Trading Standards Approved and a Which Trusted Trader. This, in combination with the high quality product and a reputation for excellent customer service, leads to regular client referrals.

Targeting the higher end of the market, the system involves the use of insulated recovery boarding with a waterproof membrane on top and the fleece backed, EPDM rubber roofing solution offers an extended lifespan of over 50 years. Free site surveys and no obligation quotes are offered and all work is guaranteed for 25 years.

Surveys and pricing are currently the province of the business owner but full training is offered and the installation work itself is carried out by 2 fully qualified and experienced fitting teams, the members of which are mainly self-employed given the weather dependent nature of much of the work. Each team operates from a suitably equipped van and there is also an exhibition trailer used regularly for shows and other promotional events as well as permanent trade stands located at two busy garden centres.

Operating from low cost office premises with modest storage facilities under a flexible rental arrangement, the business is suitable for relocation locally if desired.

YEARS ESTABLISHED:
The business commenced trading in March 2010.

TRADE:
Please note that if a business is VAT registered, all figures exclude VAT.
Sales of £383,442 were reported for the year ended 31 March 2015 and a substantial abridged net profit was achieved. .

More detailed financial information will be made available to interested parties upon completion of a form of confidentiality agreement and following a brief telephone conversation with Adams & Co regarding financial position and ability to proceed.

REASON FOR SALE:
Retirement.

STAFF:
The owner works full time in the business (Monday to Friday with an occasional visit to the office on Saturday). He is supported in the office by his daughter, who works part-time hours on each of the 5 office days.

There are two fitting teams, each comprising two experienced fitters. Of these one is employed, the other three being self-employed working under the CIS Contractor Scheme. The fitting work is weather dependent and the use of self-employed contractors is beneficial to the business.

OPENING HOURS:
Office hours are Monday to Friday 9.00am to 5.00pm but there are few visitors to the premises, clients being spread widely.

BUSINESS PREMISES AND RENTAL TERMS:
(all sizes are approximate & should be considered 'nominal'.)
The business rents two adjacent offices and a separate store room forming part of the ground floor of a larger rural property loosely arranged as a small business centre with communal ancillary facilities and a large graveled yard/car park to one side at the rear. This is held under a flexible rental arrangement at a current monthly rent of £500 to include all services.

Whilst convenient for the current owners and certainly incurring a low cost, a new owner may prefer to relocate the business locally to a purpose built light industrial unit or alternatively it might be possible to operate from home if space was available.

Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

PRIVATE ACCOMMODATION:
(all sizes are approximate & should be considered 'nominal'.)
None

ENERGY PERFORMANCE RATING:
In view of the absence of a formal lease and the likelihood that a buyer will prefer to relocate the business no EPC has been produced in this instance.
Tenure: Leasehold

Listed by: Adams & Co
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SW1430
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